Wynyard Business Park, near Billingham in the Tees Valley, has secured a major new letting of more than 15,000 sq ft of high specification office space.
Acting on behalf of Northumberland Estates, joint agents Dodds Brown and Knight Frank have let 15,263 sq ft of Grade A office space on a new 10 year lease to an un-named tenant, at the business park which is widely regarded as one of the most prestigious office developments in the Tees Valley.
The new office lease comes hard on the heels of office lettings at Wynyard Business Park to Razorblue Group, Macleods Pharma UK Limited, Paul Card Recruitment, F W Capital Limited and Armstrong Consultancy Services.
Wynyard Business Park is located close to the junction of the A19 with the A689, just north of Billingham, and is a hub for professional and engineering services companies. It offers high specification office buildings and suites ranging in size from 1,500 sq ft to 20,000 sq ft, with smaller office suites available in Wynyard Park’s Business Centre, as well as development plots.
According to Stephen Brown, Senior Partner at Teesside independent commercial property consultants Dodds Brown, it was not just the quality of the office accommodation, but the business park’s excellent location and on-site facilities which helped secure the new letting.
He says: “Wynyard Park is a prestigious location offering quality office space in a superb environment with good road connections not only to Teesside, but also to Tyneside, Wearside and Durham, and the rest of the UK.”
Rebecca Maddison, Office Agency Surveyor at the Newcastle office of Knight Frank agrees. She says:
“The Wynyard lifestyle with first class on-site facilities, including a café, nursery, dentist and gym, and proximity to the sought after executive housing at Wynyard Park, to leisure facilities at Wynyard Hall Hotel and to top schools, also added to the appeal of this premier office development.”
At Wynyard Business Park, the high specification office buildings stand in a quality landscaped environment. Each office comes with plentiful car parking and air conditioning or comfort cooling, and some buildings are stand-alone with their own front door, allowing the building to be branded by the occupiers.
Current tenants include Evolution Accountants, now part of the Baldwins Accountancy Group, TBI Solicitors, Balfour Beatty, Wood Group, Air Products, Impetus Waste Management, Nortech Group and Fircroft Engineering Services.
Quoting rents for the office space at Wynyard Park start from £15psf.